Vivid Seats (SEATW) Operating Margin (2020 - 2026)

Vivid Seats' Operating Margin history runs 7 years deep, the most recent figure standing at 9.01% for Q1 2026.

• In Q1 2026, Operating Margin fell 638.0% year-over-year to 9.01%; the TTM figure through Mar 2026 stood at 232.93% (up 23153.0% YoY), while the FY2025 annual figure was 113.86%, down 11931.0% from the prior year.
• Operating Margin was 9.01% for Q1 2026 at Vivid Seats, up from 68.57% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 82.59% in Q3 2022 to a low of 1140.42% in Q2 2025.
• Historically, Operating Margin has averaged 59.03% across 5 years, with a median of 5.54% in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Margin surged 7150 bps in 2022, then plunged 114439 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 5.54% in 2022, then slumped by 146 bps to 2.53% in 2023, then jumped by 117 bps to 0.43% in 2024, then tumbled by 16221 bps to 68.57% in 2025, then soared by 87 bps to 9.01% in 2026.
• The last three Operating Margin figures came in at 9.01% (Q1 2026), 68.57% (Q4 2025), and 16.75% (Q3 2025), per Business Quant data.